Drug Retail

Goldman Sachs has published a research report on Walgreen Company (NYSE: WAG) after the company reported February quarter results above consensus. In the report, Goldman Sachs writes "Our $0.85 estimate, vs. $0.68 a year ago, stands $0.05 ahead of consensus; we stand above the Street on gross...

Morgan Stanley reports positive estimates for Walgreens' (NYSE: WAG) second quarter. According to Morgan Stanley, "Earnings on March 22: After meaningful earnings beats in the last 2 quarters, we again see upside to consensus estimates for F2Q as the company's cost control efforts combine with the...

Jefferies & Co. has a Buy rating on shares of Walgreen's (NYSE: WAG). In a note to clients, Jefferies writes, "We continue to believe Duane Reade'snew stores are the best drug-retailing format in North America, suggesting very positive merchandising capabilities as WAG combines its own in-...

Anthony Scaramucci of Skybridge Capital is on CNBC's 'Fast Money' with his "Hedge Fund Trade Of The Week" and he said he likes CVS Caremark Corporation (NYSE: CVS). Scaramucci said he sees it trading between $42-$46 per share over the next 12 to 18 months. Shares are trading around $33 per share...

J.P. Morgan has issued a report on the fourth anniversary of the CVS Caremark (NYSE: CVS) merger. According to J.P. Morgan, “In our view, the strategy behind the merger is not inherently flawed, and we believe that Caremark has proven to be a valued asset to the retail pharmacy operation. As such...

Citi has reported on the estimated EPS of Walgreen Co. (NYSE: WAG), which Citi had raised to $0.80. Cit writes, “We are raising our F2Q11 EPS to $0.80, up from $0.78 prev., vs. consensus of $0.80, and $0.68 LY (see Figure 1 for our assumptions). We are also raising our FY2011 estimates to $2.56,...

China Nepstar Chain Drugstore Ltd (NYSE: NPD) reported its Q4 EPS at $0.02, versus the consensus of $0.03. NPD reported its Q4 revenue at $95 million, versus the consensus of $94.37 million. NPD's Q4 same store sales dropped 1.1%. NPD shares fell 2.40% to close at $4.07 yesterday. Read more...

Guess? Inc (NYSE: GES) is projected to report its Q4 EPS at $1.06 on revenue of $725.90 million. China Nepstar Chain Drugstore Ltd (NYSE: NPD) is expected to report its Q4 EPS at $0.03 on revenue of $94.37 million. CLARCOR Inc (NYSE: CLC) is projected to report its Q1 earnings at $0.42 per share...

Shares of CVS Caremark Corporation (NYSE: CVS) are lower on the session by 1.57%, trading at $33.46. Overall put volume is now running at 2.70x the daily average, with 50% of all puts traded being purchases on the offer. 15,484 contracts have traded on the session so far. CVS Caremark...

CVS Caremark Corporation (NYSE: CVS) today announced that its Board of Directors has approved a quarterly dividend of $0.125 per share on the Common Stock of the Corporation, payable May 3, 2011 to holders of record on April 22, 2011.

AeroVironment Inc (NASDAQ: AVAV) shares moved up 12.06% to $32.06 at 10:50 am. The volume of AVAV shares traded was 1582% higher than normal. AVAV reported better-than-expected Q3 earnings. Ceradyne Inc (NASDAQ: CRDN) shares rose 16.89% to $45.41. The volume of CRDN shares traded was 673% higher...

Matrix Service Company (NASDAQ: MTRX) shares jumped 1.18% to create a new 52-week high of $14.59. MTRX reported better-than-expected Q2 results. Majesco Entertainment Company (NASDAQ: COOL) shares gained 35.54% to touch a new 52-week high of $2.25. COOL reported strong Q1 earnings and lifted...

Majesco Entertainment Company (NASDAQ: COOL) shares surged 35.54% to $2.25 at 9:45 am. COOL reported strong Q1 earnings and lifted projections for the full year. Cheniere Energy Inc (AMEX: LNG) surged 23.84% to $7.74. LNG shares have jumped 87.69% over the past 52 weeks, while the S&P 500...

Catalyst Health Solutions, Inc. (NASDAQ: CHSI) announced that it has entered into a definitive agreement with Walgreen Co. (NYSE, NASDAQ: WAG) to acquire Walgreens' pharmacy benefit management subsidiary, Walgreens Health Initiatives, Inc., for $525 million in cash. This transaction brings...

In a Form 4 filed earlier today, CVS Caremark Corp. (NYSE: CVS) Vice-President, Lisa Bisaccia, reported that she sold 3,207 shares of CVS on March 1st for an average price of $33.04. The transaction totaled $105,959. Ms. Bisaccia owns 536 indirect shares of CVS. Source: The Washington Service